This newly constructed seven-story building is situated in the vibrant West Farms neighborhood of the Bronx. Comprising 37 units, the property offers a diverse mix of residences, including 2 studio-bedrooms, 19 one-bedrooms, and 16 two-bedrooms. The building boasts a coveted 35-year 421-A tax abatement, providing significant financial benefits until 6/30/2056. Currently fully occupied, the property also features 12 parking spaces. Constructed in 2021, the property spans 7,329 square feet, with a total building square footage of 26,661. Its prime location offers easy access to the 2&5 subway lines and the renowned Bronx Zoo.
935 E 179th Street, Bronx, NY, 10460
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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